9:45 am wide range bar play kept TraderHank in the Black for the week

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My play of the day came in VLO which I found while doing my 9:45 am wide range bar scan.  My entry came right at 10:30 am reversal time as price triggered a 15 minute buy.  I entered the play with a partial share size since the entry bars were not the narrow range bars that make the PBS potent.  Price action took off and soon put in a two bar pull back that I declined to get full on my play in VLO.  I finally got the PBS I was looking for @ 1:30 pm reversal time where I got full on my play.  My first target was hit without much pain @ 55.16 where I sold 1/3rd.  I soon found myself tailing out the rest of my shares @ .19 as the market looked like it was starting to roll over as lunch time was ending.  Price action in VLO remained strong but I really did not leave much on the table as the high for the day in VLO was .32.  

VLO 03122014
VLO 03122014

  

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